Hyundai Engineering & Construction (Hyundai E&C) announced on Friday that it’s offering remaining units at Hillstate Seonam Lake Park in Ulsan on a first-come, first-served basis. To attract potential homeowners, the total down payment is set at an accessible 5 percent.
Located in the highly desirable Yaeum-dong area of Nam-gu, Ulsan, Hillstate Seonam Lake Park comprises two complexes featuring 631 apartment units and 122 officetel units. The impressive structure rises to 44 stories with six basement levels.
This residential development is poised to benefit significantly from improved transportation links thanks to the planned opening of Ulsan Urban Tram Line No. 2. Furthermore, the surrounding area is slated to evolve into a premium, branded residential community, further enhancing its appeal.
Hillstate Seonam Lake Park offers residents unparalleled access to the scenic Seonam Lake Park and is conveniently located within walking distance of Yaeum Elementary School. This makes it an ideal choice for families and individuals who prioritize both excellent school districts and a high-quality living environment, according to the company.
Reduced commute times are another key advantage for residents. The location boasts proximity to major industrial hubs including the SK and S-Oil Onsan Petrochemical Complex, as well as Hyundai Heavy Industries, Mipo Shipbuilding, and Hyundai Motor Co., all easily accessible via Ulsan Bridge.
The floor plans feature a desirable four-bay slab layout, comparable to a larger multiunit apartment, providing ample floor space equivalent to the level of a standard apartment. A key feature is the incorporation of “H Silent Home System I,” Hyundai E&C’s innovative interfloor noise reduction technology, the company emphasized.
The initial deposit is strategically set at 5 million won (approximately $3,300), significantly reducing the upfront financial burden for prospective buyers.
The model home is located in Dal-dong, Nam-gu, Ulsan. Move-in is currently scheduled for February 2028.
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